According to the public record, Flat 5, Merchant Court 142, Croydon is a modern apartment with 629 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Merchant Court, Lebanon Road, Croydon, CR0.
Lebanon Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 5, Merchant Court 142, Croydon has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 5 Merchant Court 142 Croydon as £286,468 and the rental value as £1,383 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 5 Merchant Court 142 Croydon has increased by £4,246 (1.5%) and its rental value has increased by £29 per month (2.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, Merchant Court 142, Croydon is in very good condition we estimate a sale value of £300,791 and rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,415 and a rental value of £1,287 per month.
If you were able to purchase this property for the estimated value of £286,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,408 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 5, Merchant Court 142, Croydon was last sold on 23 Apr 1999 for £77,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Merchant Court 142, Croydon within a radius of 320 metres over the last 2 years.
The most recent example is Flat 8, Bellmore Court 33A, Canning Road, Croydon, CR0 6QE, a Leasehold flat which sold for £279,000 in May 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lebanon Road, Croydon, CR0 has a total of 165 addresses. According to our analysis of all the public data, Flat 5, Merchant Court 142, Croydon is the 139th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in CR0.
Flat 5, Merchant Court 142, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2009.
The property is connected to mains gas and has partial secondary glazing. It is heated using electric storage heaters.
The closest station to Flat 5, Merchant Court 142, Croydon is East Croydon station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Merchant Court 142, Croydon, 53.4% of property is privately rented and 19.6% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, Merchant Court 142, Croydon, 18.2% of residents are recorded as possessing school level qualifications and 42.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, Merchant Court 142, Croydon, the average age was 36.6 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, Merchant Court 142, Croydon, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, Merchant Court 142, Croydon, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.